40. Exemption under Section 264 (3) of the German Commercial Code
The following subsidiaries made use of the exemption from disclosure and preparation of a management report under Section 264 (3) of the German Commercial Code (HGB) in the year under review:
- Demag Cranes & Components GmbH, Wetter
- DCC HoldCo 4 (vier) GmbH, Wetter
- DCC HoldCo 5 (fünf) GmbH, Wetter
- Gottwald Port Technology GmbH, Düsseldorf
- Gottwald HoldCo 3 (drei) GmbH, Düsseldorf
- Kranservice Rheinberg GmbH, Rheinberg

